We provide professional and dependable services to all our clients and guarantee the following: Competitive rates, best exchange rates in Mississauga & the Greater Toronto Area; No service fees, regardless of the amount or form of payment The Toronto dollar, founded in December 1998, is a paper local currency used in Ontario. One CAD is divided into 100 cents (¢). We will give you the lower-than-bank foreign currency exchange rate in Toronto, guaranteed. "Just note that if you make any purchases using US currency, any change given to you will be in Canadian currency, not US.." Maybe not! King was present at the founding of the TD, at which the Toronto Mayor, Mel Lastman, bought the first Toronto dollar. All rights reserved. Lindsay G. King (Minister of Willowdale United Church) was one of the sponsors of the Toronto dollar system. US$ $£€ Hotels' Currency AR$ Argentine Pesos AU$ Australian Dollars R$ Brazilian Reals Firstly you should call your bank to give you their best quote for the amount that you intend to exchange. Once the funds are exchanged they are sent either back to your account, or to a destination of choice in the US or Canada. USD currency exchange in Toronto. Depending on the exchange amount, you will be able to save from a few hundreds to several thousands of dollars. Convert 1 US Dollar to Canadian Dollar. 1.877.355.5239. Register and book a transaction in minutes and send funds conveniently through Canadian banks. Currency Converter All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions. Call us to obtain a free no-obligation exchange rate quote. We at Knightsbridge Foreign Exchange regularly monitor the rates that the banks and other financial institutions are offering and we make sure to always go cheaper and offer you the best exchange rate in Toronto. Viêt (Vietnamese) 中文 / 官話 / 粵語 (Chinese) Excellent Service & Competitive Rates Find Toronto hotels and cheap rooms for hotels in Toronto at getaroom. © 2020 Knightsbridge Foreign Exchange. To receive the best currency exchange in Toronto, set up an account at our site, after making certain that you have bank accounts in both US and Canadian dollars currencies. Banks are generally open 10 a.m. to 4 p.m. Monday to Thursday; to 6 p.m. Friday. 1 USD = 1.234131 CAD 1 CAD = 0.810287 USD *Orders placed by phone and/or directly at the counter may have different rates and fees may apply. Definitely worth considering. Toronto Currency Exchange Market. Exchanging with KnightsbridgeFX vs. your bank could save you. You will receive this without any obligation to actually do a transaction. I wasn't paying enough attention initially to see what exchange rate, if any! English. No Service Fees . Banks are the most popular destinations for currency exchange in Toronto. Currency exchanges are also available at international airports (Toronto, Ottawa) and at all banks, trust companies and credit unions. … London: (519) 937-1927 “KnightsbridgeFX is an online currency exchange company that seeks to undercut foreign exchange rates offered by larger financial institutions”, “KnightsbridgeFX is “the costco’s of foreign exchange”, Financial Advisor quoted in the Globe and Mail. The store is simple … The demand of currency exchange in Toronto is mainly from manufacturing activies, because most manufacturing business sell their products to United States and get paid by us dollars. CURRENCY CONVERTER. We do not accept Visa or MasterCard credit cards. We guarantee to beat your bank’s exchange rate. Currency Calculator. Call or visit our location today to get a quote and exchange foreign currencies. Currency Exchange Toronto. Confirm an exchange rate and receive a trade confirmation receipt confirming all details before you transfer funds. Have questions about your next trip in Ontario? Windsor: (519) 850-4056 Halifax: (902) 800-2063, Edmonton: (587) 405-4049 Saskatoon: (306) 700-2167. Need help booking? The US dollar is now a bit below par vs the Canadian dollar, so I don't believe it be too welcome in Toronto--least not at par--if so take it, ha ha. Brampton: (416) 479-0834 Mississauga: (416) 479-0834 Call Us for a Free No-Obligation Quote Toronto Local Currency is a project to help the poor through a conditional cash transfer micro grant and to help local businesses by injecting liquidity into the market. It is equipped with five runways and two terminals. Surrey: (604) 229-1065 Compare our currency exchange rates with all the banks, in Canada with over 70 media news interviews including 20 video interviews all by Canadian news outlets, “I saved a huge amount…about $3,000 over the bank quoted for U.S. dollars…everything went as smooth as a dream”, Florida Property Buyer interviewed by the Toronto Star, “You can save hundreds, if not thousands of dollars”. Get exchange rates up to 2% better than the banks. It’s located about 14 miles (22.5 km) northwest of Downtown Toronto. Call us at 888-472-3444. Banks in Toronto charge high mark-ups for their services up to 3% which can equate to thousands of dollars on large amounts. “ or card. Banks are generally open 10 a.m. to 4 p.m. Monday to Thursday; to 6 p.m. Friday. Whatever business or personal needs you have for USD … Whether you're moving to Toronto for work or study, retiring there or simply passing through on a short trip, you're going to need Canadian dollars. Convert world currencies, precious metals, or obsolete currencies, which are marked with an asterisk (*). We offer same day delivery of funds to your desired destination if booked before bank cut-off. It has a fixed exchange rate with the Canadian dollar. However, that does not make them the best place. This is an estimate of what you might expect to receive, less any other transaction fees at the Toronto Pearson Airport. Languages of Service . Canada has ended the production of the one cent penny coin, however it can still be used in cash transactions. US$ $£€ Hotels' Currency AR$ Argentine Pesos AU$ Australian Dollars R$ Brazilian Reals 1 (416) 488 9841 - 1 888 712 9999 (Toll Free). We were in a Timmies in Niagara Falls last week and I was really surprised to see that the customer in front of me in the line that paid in US, was given change in US as well. Need help booking? Choose a percentage from the interbank rate list to better approximate the tourist exchange rates actually charged by your financial institution. When you initiate the transfer, it may take about six business days to receive the funds, but it usually takes no longer than 3 business days. Currency Mart's online currency converter is a quick and easy way to view real-time Currency Mart's exchange rates at the click of a button. The case for local currency in Toronto From ancient Mesopotamia to the Great Depression, local currencies have been a tool used in the past to keep communities afloat during crises By Aziza Mohammed Using quotation marks can narrow your search results. 8% of the HST is the provincial portion and 5% is the federal portion. In fact, we call the banks every morning to ensure our exchange rates are significantly better. "Just note that if you make any purchases using US currency, any change given to you will be in Canadian currency, not US.." Maybe not! You’ll get a confirmation of the agreed upon exchange rate in writing before you send funds. All you need to do is to tell us the rate you wish to receive and we will make the transaction of your funds at the very moment when that rate becomes available. If you intend to exchange amounts larger than $5,000, you will find that Toronto currency exchange rates vary from bank to bank and from one financial institution to another. As the way of payment at the store the TD, at which the Toronto dollar: a local used... Obtain a free no-obligation exchange rate, if any are generally open a.m.. Up to 2 % better than the banks every morning to ensure exchange. % satisfaction with our services in a new city can be difficult are to. Approximate the tourist exchange rates Edited: 8 years ago find Toronto hotels cheap! Familiarize yourself with the Canadian dollar if any payment or through a wire transaction... UGX, USD, friendly. 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